Monday, September 21, 2020

Mazagon Dock IPO Date, Review, Price Band, Form & Market Lot Details


Mazagon Dock Shipbuilders IPO to hit the market on 29 September 2020 and closes on 01 October 2020. The PSU Company is promoted by President of India. They are India's biggest warship builders incorporated in 1934. They are currently engaged in constructing and repairing warships and submarines for the MoD and other types of vessels. Mazagon Dock Shipbuilders has current order for building four P-15B destroyers, four P-17A stealth frigates and five Scorpene class submarines for the Indian Navy. The value of the order is around 52000 crore rupees. The company is located in Mumbai and they are the only shipyard which build destroyers and conventional submarines for the Navy. The company's current portfolio of designs spans a wide range of products for both domestic and overseas clients. Since 1960, MDL has built total 795 vessels including 25 warships, from advanced destroyers to missile boats and 3 subma8rines. MDL had also delivered cargo ships, passenger ships, supply vessels, multipurpose support vessel, water tankers, tugs, dredgers, fishing trawlers, barges & border out posts for various customers in India as well as abroad. MDL have also fabricated and delivered jackets, main decks of wellhead platforms, process platforms, jack-up rigs etc. Check out Mazagon Dock Shipbuilders IPO dates, price band and more details.
 
Equity Shares outstanding prior to the Issue = 20,16,90,000 Shares
Employee Reservation of 3,45,517 Shares @135/- = Rs. 4.66  Crores (after discount of ~10/-)
Offer for Sale of 3,02,53,500 Shares @145/- = Rs.428.09 Crores
Equity Shares outstanding after the Issue = 20,16,90,000 Shares

Category-wise Break up:
Anchor: 90,76,050 Shares = 131.60 Crores
QIB: 60,50,700 Shares = 87.74 Crores
NII: 45,38,025 Shares = 65.80 Crores
RII: 1,05,88,725 Shares = 142.95 Crores (Lot size: 103 = 1,02,803 Forms) (@135 per Share)
Empl. Quota: 3,45,517 Shares = 04.66  Crores (@135 per Share)
Total Issue: 3,05,99,017 Shares = 432.75 Crores.

Subscription required for 1X
RII = 1,02,803 Forms
NII = 65.80 Crores

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Mazagon Dock IPO Review:

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Mazagon Dock IPO Dates & Price Band:

 IPO Open:  29 September 2020
 IPO Close:  01 October 2020
 IPO Size:  Approx ₹443 Crores
 Face Value:  ₹10 Per Equity Share
 Price Band:  ₹135 - ₹145 Per Share
 Listing on:  BSE
 Retail Portion:  35%
 Equity:  30,599,017 Shares
 Employee Discount:  ₹10

Mazagon Dock IPO Market Lot:

 Lot Size:  Minimum 103 Shares & Maximum 1339 Shares
 Minimum Amount:  ₹14935
 Maximum Amount:  ₹194155

Mazagon Dock IPO Allotment & Listing:

 Basis of Allotment:  07 October 2020
 Refunds:  08 October 2020
 Credit to Demat Account:  09 October 2020
 Listing Date:  12 October 2020

Mazagon Dock IPO Form:

How to apply the Mazagon Dock IPO? You can apply Mazagon Dock IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Mazagon Dock (Mazagon Dock) IPO in the Invest section. The other option you can apply Mazagon Dock  IPO via IPO forms download via NSE and BSE. Check out the Mazagon Dock AMC forms - click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.

Mazagon Dock (Mazagon Dock) Financial:

  Rs. in Crore

Revenue Expense PAT
2017 4275 3444 598
2018 5028 4377 456
2019 5205 4427 513
2020 5535 4788 458

Company Promoters:

  • Great Terrain Investment Ltd

Quick Links:

DRHP Draft Prospectus
RHP Draft Prospectus

Mazagon Dock IPO Registrar:

ALANKIT ASSIGNMENTS LIMITED
Address: Alankit Heights, 1E/13 Jhandewalan Extension,
New Delhi – 110055
Telephone: +911- 4254 1952/54
Facsimile: +911-4154 3474
Email: mdl_ipo@alankit.com
Website: www.alankit.com
Investor Grievance ID: mdl_igr@alankit.com
Contact Person: Pankaj Goenka /Bojimon KH
Note: Check Mazagon Dock Shipbuilders ipo allotment status on Alankit website allotment url. Click Here

Mazagon Dock IPO Lead Managers:

  • Axis Capital Limited
  • DAM Capital Advisors Ltd
  • Edelweiss Capital Limited
  • JM Financial Consultants Private Limited
  • Yes Securities (India) Limited

Company Address:

Mazagon Dock Shipbuilders Limited
Dockyard Road,
Mumbai - 400010
Contact Person: Vijayalakshmi Kumar
Company Secretary and Compliance Officer
Telephone: +91 22 2376 2000
E-mail: investor@mazdock.com
Website: www.mazagondock.in


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IPO Grey Market Premium

Mazagon Dock IPO FAQs:


When Mazagon Dock IPO will open for Anchor Investors?
The Anchor Investors bidding is on 28 September 2020.

When Mazagon Dock IPO will open for QIB, NII, and Retail?
The IPO to open on 29 September 2020 for QIB, NII, and Retail Investors.

What is Mazagon Dock IPO Investors Portion?
The investors' portion for QIB-50%, NII-15%, and Retail 35%.

>How to Apply the Mazagon Dock IPO?
You can apply Mazagon Dock IPO via ASBA online via your bank account. You can apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Mazagon Dock IPO Allotment Date?
Mazagon Dock IPO allotment date is on 07 October 2020. You can check IPO allotment here.

What is Mazagon Dock IPO Size?
Mazagon Dock IPO size is Rs 443 crore.

What is Mazagon Dock IPO Listing Date?
Mazagon Dock IPO listing date is 12 October 2020. The IPO to list on BSE.

Note: The IPO price band and dates will be added as it will be officially announced. The IPO grey market premium (IPO GMP) will be added on the grey market page as it will start)